It broke $0.5, nice! Hopefully it will keep climbing in both SP and volume.
This is a key year for Advantage with the resource upgrade expected in a few months. My hope is that the company will get a solid buyer and sell the salar at a nice price similar to what Galaxy did with a portion of its salar. This should result in quick gains of perhaps 5 to 10 times the current SP and MC. Ganfeng/LAC would be the ideal buyers since they are neighbors or it could be Toyota/Orocobre. Second best for me would be for them to build a pipeline to convey the brine to Orocpbre’s Plant, which should not cost much compared with having to build their own plant (tens of $M vs. Hundred of $M). I would prefer either of these alternatives than having to build an expensive new plant, but this would also be ok provided they get right offtake partner and low dilution. I know that the CEO is working hard on getting the best deal possible.
Good luck to all here!
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